More Resources
More in Franchising:Franchises Food Hamburgers

Krystal Restaurants

Hamburgers

Background

Founded: 1932 Franchising since: 1990
1 Union Sq.
Chattanooga, Tennessee 37402
Phone:
(800)458-5912


Franchisor has 115 employee(s); 6 employee(s) in franchise department.

Franchise Growth
Year U.S. Franchises Canadian Franchises Foreign Franchises Company Owned
2005 181 0 0 244

Where Seeking Franchisees
In the U.S. Alabama, Arkansas, Florida, Georgia, Kentucky, Louisiana, Mississippi, North carolina, Oklahoma, South carolina, Tennessee, Texas, United states, Virginia, West virginia

Exclusive territories available.
Territory size: Varies

Costs and Fees

Total investment: $900K-1.3M
Franchise fee: $32.5K
Ongoing royalty fee: 4.5%
Term of agreement: 20 years, renewable


Type of Financing Available
In-House Third Party
Franchise Fee No Yes
Startup Costs No Yes
Equipment No Yes
Inventory No Yes
Accounts Receivable No Yes
Payroll No No

Qualifications
Net worth requirement: $1.2M
Cash liquidity requirement: $600K
Business Experience:
  • Industry experience
  • General business experience

Operations
  • 94% of all franchisees own more than one unit
  • Number of employees needed to run franchised unit: 30
  • Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators)

Training and Support

Training
  • Available at headquarters: 5 weeks
  • At franchisee's location: 5 weeks

Ongoing Support
  • Newsletter
  • Meetings
  • Toll-free phone line
  • Grand opening
  • Internet
  • Security/safety procedures
  • Field operations/evaluations
  • Purchasing cooperatives

Marketing Support
  • Co-op advertising
  • Ad slicks
  • Regional advertising

Rankings

Franchise 500® rank:
#344 (2006); #279 (2005);


Related Franchises

Franchises, get reprints of your rankings »



Marketplace

Learn how to distribute a press release

Try our new online printing. theupsstore.com/print
Franchise Search
Refranchising: Should You Buy In?
Consider these factors before buying a company-owned franchise unit.

Franchise Features
Franchise Buying Guide
We've got all the information you need to research, buy and run a franchise successfully.

Slideshow: Top 10 Franchises for 2009 Slideshow: Franchise 500 at 30: A Look Back
This week's featured opportunity
Regis Cost Cutters
Join one of the strongest growing salon brands, supported by the world's largest hair-care company.
Shopping for a franchise or business opportunity?
Explore hundreds of businesses for sale: